A manager is wanting to invest the firms excess fund of $170,000.00 in a four-year long distribution channel expansion project. The project risk requires 17% rate of return. The project is expected to generate future cash flow of $65,000.00 in each year. Find

1. Net Present Value = (Answer Format $X,XXX. XX)
2. Internal Rate of Return = (Answer Format XX.XX%)
3. Present Value Index = (Answer Format X.XX)
4. Payback Period = (X.XX years)
5. Discounted Payback Period = (X.XX years)

To confirm what are the correct answers as per above?